Home>Mutual Funds>Principal Mutual Funds>Best Principal Mutual Funds

Best Principal Hybrid Mutual Funds

Principal Mutual Fund was established in 1994 and is one of the oldest AMC's in the country. The AMC has over 4 lakh customers and more than 20,000 distributors across the country. What is unique about this asset management company is that they are committed to provide financial to retail investors and institutions alike.

With a financial legacy of more than 130 years, their global expertise proves to be am asset for taking adequate market decisions.

The AMC provides a wide range of products, ranging from equity, debt and hybrid. The schemes invest in diverse portfolios and aim to generate subsequent returns. They believe in delivering superior risk adjusted returns to clients and believe in carrying out business in a safe and transparent manner, maintaining a high level of trust and integrity among clients

If we allocate 65 to 80 percent of a fund to equity and assign remaining to debt and similar instruments, then what we get in return is a Hybrid-Equity fund. These funds allow you to enjoy good returns and low-risk rates courtesy their significant allocation in debt funds. Market gurus believe that it is better to invest in these than to go for an equity-debt portfolio as there is no tax imposed on the debt funds in the mix. It has returns that are taxed at 15% if sold before one year, post this period a 10% tax is applicable on the gains.

Purpose: Invest in these funds instead of buying a different kind of equity-debt funds with 60-40 allocations. These funds are best to moderate your risk with a fair return in the high-risk portfolio.

Why invest with Groww?

— Registered with SEBI, AMFI & BSE

— Paperless sign up on web & app

— Expert recommendations

— ZERO fees !

Sign Up

Top 10 Principal Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Principal Emerging Bluechip FundEquityVery High65.3%4star2,841
Principal Hybrid Equity FundHybridVery High44.0%3star1,080
Principal Cash Management FundDebtLow to Moderate3.2%2star162
Principal Tax Savings FundEquityVery High57.8%3star549
Principal Growth FundEquityVery High66.7%3star775
Principal Dividend Yield FundEquityVery High56.6%3star218
Principal Focused Multicap FundEquityVery High60.3%4star600
Principal Nifty 100 Equal Weight FundOtherVery High58.8%1star26
PRINCIPAL Global Opportunities FundOtherVery High46.5%1star35
Principal Smart Equity FundHybridModerate17.3%3star214
Principal Money Manager FundDebtLow to Moderate3.6%2star128
Principal Low Duration FundDebtLow to Moderate4.1%2star69
Principal Equity Savings FundHybridHigh28.1%5star69
Principal Asset Allocation Fund of Funds - Aggressive PlanSolution OrientedModerately High14.2%1star3
Principal Small Cap FundEquityModerately High102.6%3star412
View All Top 10 Principal Mutual Funds

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

Principal Emerging Bluechip Fund Direct Growth

Fund Performance: This fund has given 16.63% annualized returns in the last three years. In the last year, its returns were 65.26%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 65.26% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹300. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹300
AUM2,841Cr
1Y Returns65.3%

Principal Hybrid Equity Fund Direct Growth

Fund Performance: This fund has given 12.12% annualized returns in the last three years. In the last year, its returns were 43.99%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 43.99% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹300. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹300
AUM1,080Cr
1Y Returns44.0%

Principal Cash Management Direct Growth

Fund Performance: This fund has given 1.92% annualized returns in the last three years. In the last year, its returns were 3.2%. It has continually hit its benchmark in the Debt segment.

Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 3.2% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹5,000
AUM162Cr
1Y Returns3.2%

Principal Tax Savings Fund Direct

Fund Performance: This fund has given 12.89% annualized returns in the last three years. In the last year, its returns were 57.76%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 57.76% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹500. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹500
AUM549Cr
1Y Returns57.8%

Principal Multi Cap Growth Fund Direct Growth

Fund Performance: This fund has given 15.3% annualized returns in the last three years. In the last year, its returns were 66.73%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 66.73% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹300. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹300
AUM775Cr
1Y Returns66.7%

Principal Dividend Yield Fund Direct Growth

Fund Performance: This fund has given 15.65% annualized returns in the last three years. In the last year, its returns were 56.64%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 56.64% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM218Cr
1Y Returns56.6%

Principal Focused Multicap Fund Direct Growth

Fund Performance: This fund has given 18.34% annualized returns in the last three years. In the last year, its returns were 60.26%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 60.26% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹300. Minimum SIP investment amount required for this scheme is ₹100.

Min Investment Amt₹300
AUM600Cr
1Y Returns60.3%

Principal Nifty 100 Equal Weight Fund Direct Growth

Fund Performance: This fund has given 11.42% annualized returns in the last three years. In the last year, its returns were 58.76%. It has continually hit its benchmark in the Other segment.

Why to invest: It is one of the most remarkable Other mutual funds in India. This fund has constantly outperformed other similar funds, providing 58.76% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM26Cr
1Y Returns58.8%

Principal Global Opportunities Fund Direct Growth

Fund Performance: This fund has given 15.41% annualized returns in the last three years. In the last year, its returns were 46.47%. It has continually hit its benchmark in the Other segment.

Why to invest: It is one of the most remarkable Other mutual funds in India. This fund has constantly outperformed other similar funds, providing 46.47% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹10,000. Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹10,000
AUM35Cr
1Y Returns46.5%

Principal Balanced Advantage Fund Direct Growth

Fund Performance: This fund has given 7.93% annualized returns in the last three years. In the last year, its returns were 17.31%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 17.31% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM214Cr
1Y Returns17.3%

Principal Ultra Short Term Fund Direct Growth

Fund Performance: This fund has given 3.92% annualized returns in the last three years. In the last year, its returns were 3.64%. It has continually hit its benchmark in the Debt segment.

Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 3.64% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹5,000
AUM128Cr
1Y Returns3.6%

Principal Low Duration Fund Direct Growth

Fund Performance: This fund has given -0.44% annualized returns in the last three years. In the last year, its returns were 4.06%. It has continually hit its benchmark in the Debt segment.

Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 4.06% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹5,000
AUM69Cr
1Y Returns4.1%

Principal Equity Savings Fund Direct Growth

Fund Performance: This fund has given 11.92% annualized returns in the last three years. In the last year, its returns were 28.14%. It has continually hit its benchmark in the Hybrid segment.

Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 28.14% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM69Cr
1Y Returns28.1%

Principal Retirement Savings Fund Progressive Plan Direct Growth

Fund Performance: This fund has given 4.77% annualized returns in the last three years. In the last year, its returns were 14.2%. It has continually hit its benchmark in the Solution Oriented segment.

Why to invest: It is one of the most remarkable Solution Oriented mutual funds in India. This fund has constantly outperformed other similar funds, providing 14.2% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹2,000.

Min Investment Amt₹5,000
AUM3Cr
1Y Returns14.2%

Principal Small Cap Fund Direct Growth

Fund Performance: In the last year, its returns were 102.58%. It has continually hit its benchmark in the Equity segment.

Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing 102.58% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹500.

Min Investment Amt₹5,000
AUM412Cr
1Y Returns102.6%

Explore all Mutual Funds on Groww

Explore Mutual Funds
ⓒ 2016-2021 Groww. All rights reserved, Built with in India